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Maloofs

  1. Steve Ballmer “on a rampage,” playing Russian Roulette with Seattle’s NBA future

    May 14, 2013, 8:00 AM EDT

    steve_ballmer1

    It has been said throughout the Sacramento Kings saga that the presence of Microsoft CEO Steve Ballmer in Seattle’s ownership team has been a big plus as they seek to buy and relocate the team. Worth $15 billion according to Forbes and ranked No. 51 on its billionaire list, he and Chris Hansen were called…

  2. David Stern sets the stage for final leg of the Sacramento Kings saga

    Feb 19, 2013, 5:44 PM EDT

    NBA Commissioner David Stern listens at a news conference before the All Star slam dunk competition during the NBA basketball All-Star weekend in Houston

    There is a lot to understand when it comes to the potential sale of Sacramento Kings.  As NBA commissioner David Stern laid out Saturday, the 29 owners deciding the Kings’ future home face a complex story involving a great ownership group in Seattle and a compelling story out of Sacramento. Seattle’s ownership group already has…

  3. Kings ownership documents reveal major potential stumbling blocks for Seattle

    Feb 4, 2013, 11:43 PM EDT

    chrishansen2-600x371

    CORRECTION:  February 8, 2013 An earlier version of this post incorrectly referred to a May 2003 document as an addendum to the Kings’ 1992 ownership agreement.  The May 2003 document is self-described as a proposal, which, if approved, would constitute a basis for an amendment of the Kings’ partnership agreement.  The version of the May…

  4. Sources: “Mega-Whales” Ron Burkle and Mark Mastrov in serious talks with Sacramento

    Jan 22, 2013, 11:50 PM EDT

    Ron Burkle2

    There aren’t a lot of people willing to give Sacramento much of a fighting chance to hold on to the Kings, but they’re not going down without a big money fight. Sources familiar with the situation tell ProBasketballTalk that “mega whales” Ron Burkle and Mark Mastrov are in serious talks with the city of Sacramento…

  5. Sacramento mayor Kevin Johnson lays out framework for Kings to stay put

    Jan 15, 2013, 3:03 PM EDT

    anderson kj romani

    With reports swirling that the Kings’ move to Seattle is a mere formality at this point, the story on the ground in Sacramento is much, much different. In the end, this story comes down to three things: 1. Can Seattle’s Chris Hansen close a deal with the Maloofs to buy the Kings? (According to reports,…

  6. George Maloof says deal to sell the Kings to Seattle “not close.” If you choose to believe him.

    Jan 10, 2013, 4:24 PM EDT

    George Maloof

    There are plenty of people that are writing off the Kings’ future in Sacramento, but sources in Sacramento close to the situation have told PBT consistently that California’s capitol city will have the opportunity to make an offer to keep the team. Whether or not that ultimately happens remains to be seen, but for now…

  7. Sources: Sacramento Kings to Seattle not a done deal just yet

    Jan 9, 2013, 3:09 PM EDT

    George Maloof

    The ongoing joke about the Maloofs in league circles is that they can get the girl’s phone number, but they can’t close the deal. After Adrian Wojnarowski’s report that the Maloofs are close to finalizing a $500 million deal with Seattle billionaire Chris Hansen, closing a deal shouldn’t be a problem this time, but there…

  8. George Maloof’s Virginia Beach arena ploy falls apart, Seattle rumors heat up

    Jan 9, 2013, 9:10 AM EDT

    Phil, George, Gavin Maloof

    We never took the Maloofs or Virginia Beach seriously in their talks to move the Sacramento Kings to the eastern seaboard, and predictably the talks officially fell apart when Virginia Beach mayor Will Sessoms declared the deal dead for now on Tuesday. There were a million reasons that deal was a farce – a sad…

  9. Kings players want Isaiah Thomas to start; don’t know what they’re running on offense

    Dec 19, 2012, 10:17 PM EDT

    Isaiah DeMarcus

    If you’ve caught yourself watching a Sacramento Kings game lately and thought to yourself, ‘this can’t get any worse’ only to see it get much, much worse – you’re not the only one. As it turns out, the Kings players themselves are having a real hard time understanding the train wreck they’re a part of…

  10. NBA owners forced to choose between Maloofs and Sacramento in remake of Major League

    Dec 5, 2012, 7:55 AM EDT

    George Maloof

    Every good story needs a villain, but the NBA probably doesn’t want to remake the movie Major League in order to sell its product. Indeed, George Maloof and his brothers have done their best Rachel Phelps impression, complete with bottom-four payrolls over the past four seasons and little-to-no improvement to the franchise whatsoever. In the…

  11. Sponsors fleeing Maloofs amidst uncertainty over Kings’ future

    Sep 21, 2012, 8:45 AM EDT

    Maloofs Eating Carls Jr Barry Bonds

    How much would you pay for the right to advertise with a basketball team that refuses to guarantee where it will be a year from now? If you’re mattress maker Sleep Train and hamburger purveyor Carl’s Jr., the answer is nothing. Those are the reports coming out of Sacramento from the well-connected Carmichael Dave, who…

  12. Will Seattle billionaire Chris Hansen drastically overpay for the Sacramento Kings?

    Sep 11, 2012, 5:26 PM EDT

    chris hansen seattle

    News of billionaire Chris Hansen striking a deal with the Seattle City Council hit the wire late Monday night, as the sides have agreed to a framework on an arena deal that moves them a few smaller hurdles away from becoming an NBA-ready city (courtesy of Chris Daniels of King 5 in Seattle). In a…

  13. Comcast-Spectacor hasn’t spoken with Kings at all, arena project barely off the ground

    Aug 28, 2012, 6:53 PM EDT

    georgemaloofeminem

    Unless there is more to come in the next few days, the Virginia Beach arena press conference didn’t do much to sway the overwhelming opinion that the Sacramento Kings are nowhere near moving there. There were no Maloof appearances, but president of Comcast-Spectacor Peter Luukko spoke to the Virginia Beach city council in support of…

  14. In depth: Stern fires shot across the bow at the Maloofs, who continue to threaten the NBA’s billion dollar arena subsidy

    Jun 13, 2012, 2:56 PM EDT

    team maloof with stern

    A meticulous planner, everything David Stern says is run through a filter of lawyerly instinct and an ever-present awareness of his surroundings. So when David Aldridge asked him if the NBA would support the Maloofs in their desire to move the Sacramento Kings to Anaheim on Tuesday – don’t think for a second that he…

  15. Have the Maloofs threatened the NBA’s billion dollar arena subsidy industry?

    May 17, 2012, 5:48 PM EDT

    team maloof with stern

    What do Faye Vincent, George Steinbrenner, and David Stern have in common? They’re each relevant characters in the relocation saga of the Maloof family, owners of the Sacramento Kings, who are increasingly becoming a liability for the NBA. That’s because Chris Lehane, executive director of arena group Think Big Sacramento and big-time political consultant to…

  16. Documentary released profiling grassroots effort to keep Kings in Sacramento

    May 16, 2012, 11:47 AM EDT

    take my life

    I called it ‘watching your own funeral,’ but instead of a eulogy there was Fan Appreciation Night. Instead of a pall-bearer, there stood Kobe Bryant. You could’ve written the story of Sacramento’s fight to keep their team with a scalpel, but in this open-heart surgery there would be no anesthetic. The Lakers were in town,…

  17. Maloofs send ex-FBI agent to snoop on local Sacramento businesses

    May 14, 2012, 10:21 AM EDT

    worried george

    During last year’s playoffs, the Maloof family sent an attorney to an Orange County Register reporter’s home to collect evidence. The evidence in question was audio of Phil Jackson comparing the embattled family to unpopular former Dodgers owner Frank McCourt. While the Maloofs may have wanted observers to believe they were merely protecting their image,…

  18. Maloof press conference a how-to-guide for burning bridges in Sacramento

    Apr 13, 2012, 2:51 PM EDT

    worried george

    That press conference was so George Maloof. The nearly 90-minute presser was everything a good old fashion PR nightmare should be. It started as a PowerPoint presentation delivered in monotone prose by Maloof attorney Barry McNeil, and ended in a classic George Maloof back-and-forth with media members that bordered somewhere between ‘desperate’ and ‘tirade.’ The…

  19. Kevin Johnson to Maloofs: There will be no negotiations during critical Friday meeting

    Apr 13, 2012, 8:58 AM EDT

    NBA executives, Mayor Johnson, and Gavin Maloof meet

    I wrote on Thursday about the recent developments in the Sacramento Kings arena situation, and namely the Maloofs’ recent actions that amount to a legal full court press designed to land the franchise in Anaheim. The quick and dirty to catch you up is this – the Maloofs, Sacramento, AEG, and the NBA came to…

  20. Report: Maloofs pitching against Sacramento at NBA Board of Governors meeting

    Apr 12, 2012, 3:46 PM EDT

    team maloof with stern

    Here we go all over again. It was around this time last year that the Maloofs stormed angrily out of the NBA’s Board of Governor’s meetings, rejected and dejected after they were told they couldn’t go to Disneyland. Today, they returned to New York to pitch the idea that they were somehow wronged during the…

  21. Report: All eyes on Board of Governors meeting in Kings arena dispute

    Apr 4, 2012, 2:42 PM EDT

    worried george

    In a story with many chapters, it’s fitting that the book on the Maloofs’ future in the NBA will be written on April 12-13 at the league’s Board of Governors meetings. After all, it’s where the tide turned for Kings fans last year, as Kevin Johnson came out of nowhere with both the will and…

  22. Sacramento City Council takes unanimous step toward key arena vote

    Feb 15, 2012, 3:19 PM EDT

    kings purple

    One vote down to bring a new arena to Sacramento, one more critical vote to go. Tuesday, the Sacramento City Council voted unanimously to continue finalizing proposals with private parking companies, who will in turn provide $200 million or more toward a new Entertainment and Sports Complex. For that money, the winning bidder will have…

  23. Sacramento City Council has votes for arena if reachable criteria is met

    Feb 14, 2012, 10:45 AM EDT

    Inside Kings Arena

    The Sacramento Kings and their fans will hold their breath on Tuesday night, as the Sacramento City Council holds the first of at least two critical votes that will determine whether or not the team leaves town. Let me be the first to tell you that tonight’s vote will pass.  Sources close to the situation…

  24. Maloofs say that they will be flexible with March 1 arena deadline

    Dec 15, 2011, 10:20 PM EDT

    KevinJohnson and Gavin Maloof laugh

    We expect the Sacramento Kings arena news to pick up now that we’re about three months away from the March 1 deadline for the city to have funding in place. That deadline has put Kevin Johnson and his Think Big Sacramento effort on a tight, tight schedule, but so far they appear to be on…

  25. NBA doing the Maloofs’ talking for them

    Oct 6, 2011, 9:52 AM EDT

    Los Angeles Lakers v Sacramento Kings

    The Maloofs’ relationship with Sacramento is decidedly love-hate. When the Kings were winning and Joe and Gavin were plastered on TV during games, Sacramentans were ready to propose. But it’s funny how life works — the team started losing and (gulp) started asking the city of Sacramento for money, and everything has been downhill since.…

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